First Mid Bancshares
FMBH
74 hedge funds and large institutions have $135M invested in First Mid Bancshares in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 13 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
1.11% more ownership
Funds ownership: 32.88% → 33.99% (+1.1%)
8% less funds holding
Funds holding: 80 → 74 (-6)
30% less capital invested
Capital invested by funds: $193M → $135M (-$58.5M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$6.91M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.75M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$1.45M |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$1.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.67M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$1.38M |
| 4 |
Millennium Management
New York
|
-$648K |
| 5 |
Morgan Stanley
New York
|
-$598K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
76
THB Asset Management
Norwalk,
Connecticut
| – | -$3M | -85,008 | Closed |
|
|
77
Millennium Management
New York
| – | -$648K | -18,371 | Closed |
|
78
Invesco
Atlanta,
Georgia
| – | -$447K | -12,681 | Closed |
|
79
Two Sigma Investments
New York
| – | -$437K | -12,391 | Closed |
|
80
VOYA Investment Management
Atlanta,
Georgia
| – | -$279K | -7,914 | Closed |
|
81
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$257K | -7,294 | Closed |
|
82
SEI Investments
Oaks,
Pennsylvania
| – | -$229K | -6,499 | Closed |
|
|
PPA
83
Parametric Portfolio Associates
Seattle,
Washington
| – | -$215K | -6,105 | Closed |
|
|
CS
84
Credit Suisse
Zurich,
Switzerland
| – | -$204K | -5,793 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$29K | -825 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$7K | -186 | Closed |
|
|
CAW
87
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -38 | Closed |
|
FMBH Hedge Fund Activity: Q1 2020 in Review
74 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Mid Bancshares (FMBH) for Q1 2020, worth a combined $135M — down 30% from $193M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FMBH and 9 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Maltese Capital Management, adding an estimated $6.91M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $3.67M sold.
- 74 institutional investors held First Mid Bancshares (FMBH) as of Q1 2020, down from 80 in Q4 2019.
- Funds reported $135M of First Mid Bancshares stock for Q1 2020, down 30% quarter-over-quarter.
- 9 funds opened new First Mid Bancshares positions in Q1 2020 and 13 closed out, a net change of -4 holders.
- The largest First Mid Bancshares buyer in Q1 2020 was Maltese Capital Management, an estimated $6.91M added.
- The largest First Mid Bancshares seller in Q1 2020 was Emerald Mutual Fund Advisers Trust, an estimated $3.67M sold.
Based on aggregated 13F filings for Q1 2020.